Lordstown Motors reportedly in talks to sell Ohio factory to Foxconn
Startup automaker Lordstown Motors is reportedly in talks with Foxconn about the sale of its Ohio factory. The two companies would build products at the former General Motors plant.
Japan's factory output extends declines on car production cuts
Japan's industrial output fell for the second straight month in August as COVID-19 outbreaks elsewhere in Asia disrupted supply chains for carmakers already facing headwinds from a prolonged chip shortage.
Lucid Motors CEO declares electric vehicle ‘technology race’ against Tesla
Lucid Motors CEO Peter Rawlinson welcomes competition in the growing electric vehicle space while defending the quality of Lucid's product on 'The Claman Countdown.'
GM CEO Mary Barra first woman to lead Business Roundtable
Business Roundtable has elected GM CEO Mary Barra as its incoming chair, making her the first woman to lead the association
Elon Musk accuses Biden of being ‘biased’ against Tesla after White House snub: He’s ‘controlled by unions’
Tesla CEO Elon Musk says the Biden administration appears to be "biased' against the electric vehicle maker, and "seems to be controlled by unions."
Lucid Motors to begin Lucid Air EV deliveries in October
Lucid Motors CEO Peter Rawlinson discusses the rollout of the automaker's electric vehicle product.
Rolls-Royce Spectre electric car coming in 2023
Rolls-Royce has confirmed that it will launch the Spectre electric car in 2023. The battery-powered model will be the brand's first as it begins the transition to an all-electric lineup by 2030.
Rolls-Royce announces first fully-electric car rolling out in 2023
Rolls-Royce Motor Cars CEO Torsten Muller-Otvos details the new 'Spectre' electric car set to release in two years.
Ford CEO announces four new factories opening in Tennessee, Kentucky
Ford CEO Jim Farley shares new info on the automaker's future in developing electric vehicles for nationwide adoption.
Government and Green New Deal adds pressure to auto industry
Automotive Assets CEO Lauren Fix and Defiance ETF CIO Sylvia Jablonski weigh in on chip shortages and hydrogen fuel vehicles on 'Making Money'
Here's how Amazon is helping put Rivian on the road to success
Electric truck startup Rivian has begun production of its R1T pickup with help from major stakeholder Amazon dealing with the supply shortages affecting the auto industry.
Rivian beats Tesla, Ford, GM to build first EV pickup
FoxNews.com automotive editor Gary Gastelu discusses the startup Rivian.
Ford’s electric vehicle investment fueling American jobs with new mega sites
Ford CEO Jim Farley on plans to build new plants in Kentucky and Tennessee that would ramp up EV production and create 11,000 new jobs.
Tesla Megapack fire in Australia blamed on undetected coolant leak
A fire that damaged two Tesla Inc battery units at a huge energy storage project in Australia in July was caused by a coolant leak that went undetected during start-up tests, a state watchdog said in a report released on Tuesday.
Ford, SK to invest $11.4 bln to add electric F-150 plant, three battery factories
Ford Motor Co and its Korean battery partner SK Innovation will invest $11.4 billion to build an electric F-150 assembly plant and three battery plants in the United States, accelerating the U.S. automaker's push into electric vehicles.
UK shortage leads drivers to hoard gasoline
Principal Global Investors chief strategist Seema Shah provides insight on the gas shortage possibly leading to stagflation on 'Making Money'
Ford recalling over 17,000 electric Mustang Mach-Es in US because windshields might detach
Ford is recalling all of the Mustang Mach-E SUVs it has built to date due to a manufacturing issue that could allow their windshields to detach in a collision.
Car insurance premiums: The most expensive cities for parents of teen drivers
Parents who add a 16-year-old to their full-coverage auto insurance policy in 2021 can see their premium increase by $2,531 annually on average.
Volvo's Polestar electric brand to go public through SPAC merger worth $20B
Volvo-owned Polestar is going public through a SPAC merger with Gores Guggenheim worth $20 billion, the companies announced Monday. The all-electric brand plans to start building cars in South Carolina in 2022.
Gores Guggenheim SPAC nears deal to combine with Polestar
Polestar is nearing a deal to go public through a merger with a special-purpose acquisition company that would value the Swedish electric vehicle maker at $21 billion, according to people familiar with the matter.